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Showing 911 - 920 of 2274 results for "Premium"

Default life insurance reforms ineffective: Research

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
The Federal Government's proposal to ban default life insurance in superannuation for younger members and those with low balances would supress retirement savings and cost the economy $2.46 billion annually, latest research from AIA Australia shows. ...

$26 billion real estate group shuffles portfolio

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
... estate group's previous asset sales. Since its 2015 merger, the company has sold $1.9 billion of assets at a 2.1% premium to book value, with the proceeds going towards reducing debt and higher return opportunities, according to Vicinity chief executive ...

Super protection policy needs improvement

DARREN SNYDER  |  FRIDAY, 1 JUN 2018
Advocacy group Women in Super is calling on the Federal Government to re-examine its policy to end life insurance for Australians with low superannuation balances or accounts with little activity, suggesting it could be detrimental to women with dependents. ...

ANZ sells NZ life insurance business

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
... US-based global insurer. Cigna Corporation will acquire OnePath Life for NZ$700 million, which ANZ said represents a "slight premium to embedded value and is expected to generate a gain on sale of around NZ$50 million." This would, ANZ added, increase ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
The Productivity Commission recommends an independent review of insurance in superannuation; that Australians enter default super once; and that super funds disclose trailing financial adviser commissions. These are a few of the 22 recommendations in ...

Global investment giant to acquire Investa fund

ALEX BURKE  |  MONDAY, 28 MAY 2018
... distributions declared or paid by IOF prior to completion. Investa said the distribution-adjusted proposal represents a 13.2% premium to IOF's ex-distribution closing price on 25 May 2018. Blackstone has yet to make a decision regarding the future ...

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
There is division over whether or not private life insurers should be able to fund medical treatments for rehabilitating customers - the subject of a current Parliamentary Joint Committee - with giants like MLC Insurance and AustralianSuper batting ...

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
The Federal Government will mandate that superannuation funds no longer have opt-out life insurance arrangements for members under 25 and those with low balances. Budget papers said this was being done as a means of "protecting Australians' retirement ...

Industry fund simplifies super access

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
An enhancement to the online member portal of a $2.3 billion industry superannuation fund is making it easier for retirees to access their retirement savings. Once a member of Intrust Super reaches preservation age, a 'Join Pension' option now appears ...

Beer tap runs dry for $2 billion manager

KANIKA SOOD  |  WEDNESDAY, 18 APR 2018
... strong earnings growth" to satisfy market expectations. "The original investment theme was simple. We observed there were premium beer brands emerging which would allow for industry consolidation and a positive pricing environment. This story has now ...